07/12/2016: ECOCERT Group announces the acquisition of ARGENCERT, the Argentinian organic certifier

Through this acquisition, ECOCERT Group strengthens its development strategy in
Latin America and its strong organic food market potential.

It completes a wide network of offices in Brazil, Chile, Peru, Colombia and
Mexico.

Discussions between ECOCERT and ARGENCERT started in March 2016 and a more
formal process was initiated in September 2016 with negotiations ending up in
an agreement that converted 100% ownership of Argencert to Ecocert on November
22, 2016.

ARGENCERT is a historic key player in the organic industry particularly through
the active involvement of its founder, Ms Laura Montenegro.

ARGENCERT is accredited to a various number of international certifications
(EU, NOP, COR, IFOAM, UTZ) and to Argentinian and Chilean organic regulations.

The acquisition of Argencert brings a strong player into the Group with a
recognised brand and committed team.

Ms Laura Montenegro, ARGENCERT Founder: “I’m convinced that this acquisition is
a great opportunity for Argencert and for the organic sector in Argentina. It
will give our clients an access to a worldwide recognised network and brand”.

Mr Vincent Morel, Regional Director for America: “ECOCERT Group is pleased to
announce the arrival of Argencert in its international network. Our first
objective is to offer our clients an access to this network and to wide range
of services in Argentina.”

Since its creation in 1991, ECOCERT is operating in over 130 countries thanks
to its 24 subsidiaries. The ECOCERT name and seal are registered trademarks
worldwide, and trusted by consumers, businesses, industry, and governments.